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While Bitcoin’s Hashrate Remains Sky-High, Merge-Mined Crypto Asset Networks Benefit
6.3.2023
In recent times, Bitcoin’s hashrate has been consistently above 300 exahash per second (EH/s) as multiple mining pools dedicate significant hashpower to the Bitcoin blockchain today. Interestingly, some of the world’s top bitcoin mining pools are also using their hashrate...
Rollkit opens the door for rollups using Bitcoin’s data
6.3.2023
Rollkit has taken to Twitter to announce that it now supports the sovereign rollup on Bitcoin. This marks the first-ever research integration of Bitcoin for sovereign rollups as a data availability layer. Following the integration, developers will have larger power to create rollups....
Does Bitcoin's Weekly Death Cross Pattern Call for Caution?
6.3.2023
The death cross formed on the weekly timeframe makes for a cautious view of the near-term outlook, one observer said, while another called it a non-event
Bitcoin’s Price Drop Causes Over $200 Million in Long Liquidations Across Crypto Derivative Exchanges
3.3.2023
On Feb. 24, 2023, bitcoin’s price remained above the $23,000 threshold and then rose to a peak of $23,829 per unit on March 1. On March 2 at 8 p.m. Eastern Time, the price of bitcoin fell, dropping below the $23,000 mark. This decline resulted in a significant $237.97 million worth of long...
Bitcoin Miner Marathon Digital Sold Almost All Bitcoin Mined in February
2.3.2023
The miner sold its mined bitcoin for the second time this year
Xapo Bank Integrates Bitcoin’s Lightning Network, Partners with Lightspark
2.3.2023
Crypto pioneer Xapo has quietly assembled interest bearing, deposit-guaranteed USD bank accounts with a view to providing alternative financial services in emerging market countrie
Crypto Economy Swelled 80,466% Since 2013, Despite $1.5 Trillion Loss in 2022 Downturn
1.3.2023
Nine years and nine months ago, on May 9, 2013, coinmarketcap.com recorded 14 cryptocurrency assets, and bitcoin’s overall valuation was $1.24 billion, with 11.13 million bitcoins in circulation at the time. Today, the same website indicates that there are 22,709 crypto assets. Additionally...
Bitcoin’s Blockchain Growth Accelerates With Trend of Ordinal Inscriptions
28.2.2023
The Bitcoin blockchain has 40.49 gigabytes (GB) to go until it reaches half a terabyte (TB), and with the recent trend of Ordinal inscriptions, it’s likely to get there faster. The average block size reached a high of 2.52 megabytes (MB) on Feb. 12, 2023, but block sizes have subsided...
Litecoin Network Adopts Ordinal Inscriptions, Following Bitcoin’s Lead
22.2.2023
Following a growing trend of Ordinal inscriptions on the Bitcoin blockchain, the technology has been ported to the Litecoin network, and the number of onchain Litecoin inscriptions has surpassed 13,000. Software developer Anthony Guerrera made Ordinal inscriptions on the Litecoin network possible...
Crypto Analysts Scramble to Explain Bitcoin's Pause Near $25K
21.2.2023
Bitcoin is struggle to establish a foothold above $25,000, a level that capped the August 2022 price bounce
Court to Try 2 Russians for Stealing 86 Bitcoins From Crypto Miner
16.2.2023
Two residents of the Russian city of Tomsk will be tried for “large-scale robbery” involving the theft of cryptocurrency worth millions of rubles from a local miner. The digital coins were stolen from the owner at gunpoint, authorities said, adding that both criminals are now...
Crypto Long & Short: Sorting Out Bitcoin’s P/E Ratio
15.2.2023
This week, Glenn Williams Jr. taps his equity research analyst background – the land of price-to-earnings ratios and other valuation techniques – to sort out whether bitcoin is under- or overvalued. Then, Jennifer Murphy, the CEO of Runa Digital Assets, puts digital assets into very broad...
Blockchain Association files amicus brief in Wahi case, says SEC exceeded authority
14.2.2023
The industry group cited the Supreme Court’s recently reaffirmed “major questions” doctrine and listed ways the SEC’s alleged regulation by enforcement causes harm
Bitcoin’s UTXOs Are Close to All-Time High. Here’s Why it Matters
14.2.2023
The Bitcoin network is getting more active with increasing block sizes, transactions, and overall UTXO counts
An Ode to LocalBitcoins (and a Lesson About Maintaining Bitcoin's Public Goods)
10.2.2023
Bitcoin’s Average Transfer Fees Experience Sharp Increase: 122% Rise in 10 Days
8.2.2023
Statistics show transfer fees on the Bitcoin network have increased 122% since the end of last month, as the average transaction fee has climbed from $0.767 to $1.704 per transaction. The rise in onchain fees coincides with the new Ordinals digital collectible trend on the network, with the number...
Bitcoin’s Newfound NFT Hype Attracts Interest of BSV Developer Twetch
8.2.2023
Twetch has already built a suite of NFT apps on the Bitcoin SV blockchain. So the new push by Ordinals to bring NFTs to the Bitcoin blockchain looks like an opportunity for expansion
Crypto Long & Short: Bitcoin's 'Golden Cross' Explained
8.2.2023
This much talked about technical indicator has value, yet doesn’t tell the whole story
How Bitcoin NFTs Might Accidentally Fix Bitcoin's Security Budget
6.2.2023
Ordinal NFTs have rejuvenated Bitcoin’s transaction fee market. Will it prove useful?
Fed Policy Win Could Harm Bitcoin’s Wall Street Narrative
3.2.2023
The January rebound in equities and knockout employment report may have undermined a few buy-bitcoin narratives, but the real value proposition behind bitcoin lies far beyond Wall Street in emerging markets, where bitcoin is in strong demand